Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Stanley Purcell:

I was. I was surprised and I felt that, as I said there, that the UK loans were somewhat undervalued. And I felt that maybe from, you know, things I heard later and that, a lot of those loans were repaid in full, despite a large discount.

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